Tryg A/S (OTCMKTS:TGVSF) Given Average Recommendation of “Buy” by Brokerages

Tryg A/S (OTCMKTS:TGVSF – Get Rating) has earned a consensus recommendation of “Buy” from the six analysts that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $170.00.

Several research analysts recently weighed in on TGVSF shares. HSBC upgraded Tryg A/S from a “hold” rating to a “buy” rating in a research report on Monday, May 23rd. Barclays started coverage on Tryg A/S in a research report on Wednesday, March 23rd. They issued an “overweight” rating for the company. Finally, Morgan Stanley increased their price objective on Tryg A/S from 160.00 to 170.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 5th.

OTCMKTS TGVSF opened at $21.03 on Friday. The stock has a 50-day moving average of $21.03 and a 200 day moving average of $22.34. Tryg A/S has a twelve month low of $21.03 and a twelve month high of $24.00.

About Tryg A/S (Get Rating)

Tryg A/S, together with its subsidiaries, provides insurance products and services for private and corporate customers, and small and medium sized businesses in Denmark, Norway, and Sweden. It operates through Private, Commercial, Corporate, and Sweden segments. The company provides car, contents, house, accident, travel, motorcycles, pet, health, property, liability, transportation, group life, and boat insurance products, as well as fire and content, and worker compensation insurance products.

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